Federal Reserve Governor Adriana D. Kugler said on Wednesday that she prepared to push for additional rate reductions assuming inflation continues to move as expected.
In a seminar at the Harvard Kennedy School, she stressed she was one of the board members who fully supported the 50-basis-point interest rate cut announced last week.
In addition, she noted that under her criteria, the Fed should continue prioritizing its efforts to reduce inflation, ensuring that prices remain stable. At the same time, it should also start focusing more on its other key responsibilities like achieving maximum employment.
